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Search Results 0 to 8 of about 9 (some duplicates have been removed)
causing a controversy ahead of elections due to come up this september. angela merkel's government has presented plans to slow the rise. >> the plan involves limiting the surcharge consumers paid to support the expansion of renewable energy like wind and solar, but that could prove controversial. >> renewals like wind and solar now account for a quarter of the electricity produced in germany, but going green costs money. now the government plans to cap electricity costs both by cutting green energy subsidies and scrapping special allowances for industries that use large amounts of energy. >> we all know that price is not the only issue in germany's energy transition, but it is an important issue that has lots of people worried, so we have to give some answers. >> the government wants to keep prices stable by canceling a planned 2 billion euros increase to a green energy subsidy paid by consumers, but first, they have to convince opposition parties to go along with it. >> we cannot allow them to put the brakes on expanding renewable energy. we want to meet the goals we have set for clim
were touchdowns and were ads were fumbles. >> mariana rajoy meets angela merkel. >>> plus, upcoming elections that sylvia berlusconi has called his last great electoral and political battle. >>> the power to split up uk banks if they fail to -- activity. george osborne is expected to give the bank of england the responsibility to make sure banks are involved in these activities. you have to love the extended analogy. watch the george osborne speech live here at 10:30 local for those of you here with us in the uk. in the meantime, there are more charges at the top over at barclay's. last night, the bank's financial chief and financial chief announced their leaving. tomorrow, barclay's ceo anthony jenkins will face questions in parliament over banking standards and next week he will present his long awaited plans for transforming the bank. >>> and a number of stories about rbs also in the weekend press. the sunday times reporting the bank will announce a 500 pound settlement with u.s. and uk regulators later this week. rbs will cover the bonus pools after a warning from the government
, and when unionist died on the picket line. >> in germany, chancellor angela merkel has praised the european union's hard-fought budget for the next seven years. she told parliament the proposals agreed in brussels earlier this month were the best way to ensure economic stability in europe. >> the budget includes some spending cuts for the first time. critics say it does not focus enough on boosting jobs and growth. >> angela merkel says all eu member states must cut costs. two weeks ago, the chancellor and british prime minister david cameron went out in brussels securing an eu budget cut of around 3%. now merkel has defended that decision. she says the crisis means everyone has to save. >> i will say it quite plainly -- it would have been hard to explain to people in europe, both to the states hit by the crisis and those bearing the bulk of the burden of solidarity why everyone in europe has to say except for europe itself. >> but the opposition disagrees. social democrats' candidate for chancellor peer steinbrueck says merkel advocates too much austerity and too little investment. he also
collections turning into a cliffhanger. >> angela merkel close to angola. >> at the oscars, ben aflac's i ran in conflict, "argo" takes home the prize for best picture. captioned by the national captioning institute --www.ncicap.org-- >> it looks like it will come down to the wire in italy where the latest election results appear to be pointing towards political gridlock. this poll is crucial as they are deciding who will lead them to the debt crisis. >> the votes are still being counted, but it looks like the central left is neck-and-neck with the central right, led by former leader burlesconi. the outcome could decide whether austerity is in or out. early predictions givingpier luigi bersani a clear lead in the lower house of caller meant. -- of parliament. as most likely partner is outgoing prime minister, mario monti, the architect of an austerity program popular with the international world. he may have been upstaged, but they currently have a slim lead in the upper house of parliament. a further muddying the picture, his tirades against the political elite helping his 5- farm movement t
minister and chancellor angela merkel, we heard a lot of talk about that possible free-trade agreement between the eu and the u.s. we heard john kerry in your report just they're talking about jobs, jobs, jobs. there appears to be a great deal of economic pressure on both sides of the atlantic driving some motivation toward a possible free trade deal, but again, there were other foreign policy issues, including afghanistan and, particularly, syria on the agenda. >> what about this free trade deal? >> there is talk right now of actually getting negotiations going formally sometime this coming summer. within two years, that is the time frame they are talking about, officials right now, of having some sort of deal in place, but there are huge hurdles on the way. there's been talk of a free- trade agreement for a long time. many people thought it would be dead. it appears to be revived with great economic pressure to get it going. >> thank you very much for that. >> last year, the white house announced a big strategic shift, what it calls it pivot to asia, as a response to the rise of chin
Search Results 0 to 8 of about 9 (some duplicates have been removed)

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